Laurentian Bank of Canada - Dividend notice

MONTREAL, Feb. 12, 2014 /CNW Telbec/ - The Board of Directors of the
Laurentian Bank of Canada declared today the following dividends:

a dividend of $0.328125 on the preferred shares Series 10, payable on
March15, 2014 to shareholders of record at the close of business on
March 7, 2014.

a dividend of $0.25 on the preferred shares Series 11, payable on
March15, 2014 to shareholders of record at the close of business on
March 7, 2014.

The above-mentioned dividends are designated as eligible dividends for
the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

The preferred shares are Eligible Shares under the Bank's Shareholder
Dividend Reinvestment and Share Purchase Plan. Consequently, the
holders of such shares may elect to reinvest their dividends in newly
issued Common Shares of the Bank. Such purchases will be made at the
applicable Investment Price, less a discount of 2%, and no brokerage
commissions or service charges of any kind will apply.

In addition, holders of such shares are entitled to make monthly
optional cash payments to purchase additional Common Shares in
accordance with the terms of the Plan. No discount will apply to such
purchases.

For more information, please contact Computershare Trust Company of
Canada at 1-800-564-6253. Beneficial or non-registered owners of common
and preferred shares must contact their financial institution or broker
for instructions on how to participate in the Plan.